Tombstone epitaph., 1887-10-15
THE GREAT BUBBLE.
THE TORTlLlTA MINING COMPANY
The Leading Mining Journal of the Country Follow in the Footsteps of the Epitaph and Dencunces the Concern as
 Fr.ud


 We have vcrdi times referred 10 this extra lightweight bubble in terms whico should, and no doubt did, prevent any reader of the Engineering and Mining Journal from being entIapped by the glowing reading notices" published fnr pay by so many professedly respectable papers.
 The extent of this species of advertis- ing recently done by the Toruita Mining Company shows that the gudgeons are nbblng at the bait, and Legitimate mining" will presently be charged with the losses they will m Ake by their ftolsh investment. The property which ha. been 50 ltuded al fifty cents or one dol lar a line i>, m reaity, as II al present stands, of very iit,le intrinsic value, ln- stead of Its being worth from $Io, .oo, ,ooo to $5o,o.o,ooo, as the advertisements state.
 A thoroughly we'll informed expert, who is famIis.r with the property, writes Us that ".here is not enough ore m sigh, to run 20 stamp mlii for d we, k."
 The following esciiptlon IS gwen Us by an expert wno has exAmin,d every part of the property: "The formation Is porphyntic granite. with beds or dlkes Of dior!e through it. The veins are usually small, from SIX inches to two feet, Oul pinch out in places, and become DOT phyrltic, or quarIzy, without mineral. The minerals at the surface were horn silver and earthly Chlorides, Colored green and blue, probably by copper, from de- composed double sulphide oi lver and copper, a little galena, with traces oi lead chloride and Carbonate. A. seventy feet or so they met with too much wa'er, the ore becoming al the same uinr mure re- belllous (aj II naturally dues m Ar, zona, !n this iormatlon,) traces of gray copper, and more gelena co,nlns Tn, but every thing small and insignificant. Al ,he tune of one visit, lhe ore Was running about 36 ounces silver and the t4illngs would run about to I5 ounces. No ore bodies have since been developed, fir ali ot the shafts have water in the bottoms, and there are no pumps in them. The g. stamp mill runs only day shift, and the mines aye unable 10 keep even that sup rIIed, so when they get out of ore they work their tailIngs over again. IL IS un- ,ect ssary for me to say that the notices ,n the local papers of Superintendent l Elnnre bring ng Tn bars of si.ver welgh l iag 2I5 pounds, |, all ln the scheme. No sue production has ever been obtained from ihe mine"
 We we rece we'd from various source, ilI rndtiou of the same tenor and with equ ,l unauimlty our correspondents state tn ,t the reputation of some of the ven CTS who have been active m floating 'hl, :nelne here Tn New Y,lk Is far from crrdltaOle, or such as 10 inspire any Con ndcnCe in the entel p.lse or It's manage. ment.
 It Is not at present necessary to go in to further details concerning either thl. property or its manpulator>, but should it bee ,me sr, he data are av illable. O. ! gen prlnc.plcs, a mine that seek cApt,l without the lndor cement of con- p.tent anl dsintcrested experts ma. well be su,p7cted from the s.art, an preposteiou, claims made by intcre,u ( parties Of doubtful p'ecetients sh,u!, promptly condemn any enterprise m tho eyes of investors. But even the m IS creduous of gamblr, might have sus pected this enterprise from he n,annei of its advertising Unfortun tely, th $ so illustrates the sh uneful pr sttulinn o many of our papers, which have publish ed as "reading notices" the great puff: which have been offered by Inc president of the company to nearly all the ptp rs on the following terms:
 ToRTILITA GoLp & SILVER MINING Co ,) | 5y Broa iwly, Room 2o.
 NEW YORK.
 Joseph II. Reall. Pre-, dent; Ro imaa M Price. l IT,. Secretiry.
 Dear Sir: lii brloging the attention of the public to the stock oi this com. pany, should be pleased to make use of the columns of your paper, and want tc use during September and October 100 200, or 800 lines If reading matter similar in ,hatacter to the inclosed mon the Hartford Post, to appear among other original or selected matter, sep. arate and apart from other pad matter and not to bear any mark, ot advertising matter, and Idesire your lowest net price for he same, and sep ,rately on 800 lines adver'i,ing space; eilh or all to he pay able in the shares of his company, al ;he present selling price pn-S2 ger share which price will guarantee to you for one year. Or will pay you for he ad- vertising, December I, in cash. I will forward stock in advance, if rates are acc ptable, and you agree.
 | Inc company has twelve mines, two oi which are actively working, and proceeds of sal of stock are to be used to supply | 'ddiinnal machinery to enable us 70 care . fer the ore which awaits our taking. It is proven property.
 Rates must be very low, and you have no commissions to p'v.
 Yours Tru'v, JOSEPH H. REALL. | Among the papers thlt have publishe d